Betting on Prediction Markets Is Their Job. They Make Millions. - The New York Times

kept by eddie jan 23

Professional traders on Polymarket, known as "sharps," are making millions by betting on prediction markets.

Robinhood, Susquehanna to Launch Exchange to Expand Prediction Markets Offerings - WSJ
Robinhood and Susquehanna are launching a new futures and derivatives exchange to expand prediction contracts offerings tied to sports, elections, and other events.
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A Meme About Jane Street's Difficult Interview Process Has Gone Viral - Business Insider
A viral meme trend exaggerates Jane Street's notoriously difficult interview process, reflecting the firm's record $40 billion trading revenue and high compensation.
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The Average Guys Outsmarting Wall Street on Prediction Markets
Retail prediction-market traders—'sharps'—have earned millions betting on events like elections and movie scores, often beating institutional forecasts.
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Prediction markets are ushering in a world in which news becomes about gambling
Prediction markets like Polymarket incentivize manipulation and gambling on news events, risking public trust by merging information with financial speculation.
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Markets 101: How to Read Stock Indexes and Securities
The Morning Brew explains the five recurring market indicators it tracks—S&P 500, Nasdaq, Dow Jones, 10-year Treasury note, and Bitcoin—plus how stocks, oil, and gold work and why they matter.
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